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Home Theatre Market 2019 Size, Share, Trends & Key Players Analysis by Panasonic Corporation, Samsung Electronics Co., Ltd., LG Electronics, Sony Corporation, Koninklijke Philips N.V., Bowers & Wilkins

03-18-2019 10:50 AM CET | Media & Telecommunications

Press release from: Market Research Future -mrfr

Home Theatre Market 2019 Size, Share, Trends & Key Players

The report on the Global Home Theatre Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.

Competitive Dashboard:
Some of the key players profiled in the report include Toshiba Corporation (Japan), Bose Corporation (U.S.), Panasonic Corporation (Japan), Samsung Electronics Co., Ltd. (South Korea), LG Electronics (South Korea), Sony Corporation (Japan), Koninklijke Philips N.V., (Netherlands), Bowers & Wilkins (U.K.), Akai Electronics (Japan), and Atlantic Technology (U.S.).

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Market Insights:
Market Research Future (MRFR)’s latest study has revealed that the global home theatre market is set to witness exponential proliferation at 19% CAGR during the forecast period 2017 to 2023. The market is poised to reach a valuation of USD 31 Bn by the end of 2023. The boom witnessed in the consumer electronics and entertainment industries has augured well for the home theatre market players.
The rising disposable income and living standards of the population in developed & developing industries has fueled demand for home theatres over the last few years. The trend is poised to perpetuate over the assessment period. Additionally, the innovations in features offered by the established players are expected to drive the growth of the home theatre market in the forthcoming years.
Deliverance of premium experience is the key area of focus for the market players. Investments have been catalyzed for bringing the experience of commercial theatres at the door of the consumers. The adoption of next-gen technologies such as wireless surround sound, voice control systems, etc. have catapulted the home theatre market on an upward trajectory. Additionally, the rising prices of movie tickets are likely to augment the market for home theatres.
The connectivity feature introduced for connecting different devices with the home theatres is projected to intensify the growth of the home theatre market. However, the increasing dependency on smartphones for internet streaming and binge-watching movies is likely to hold the growth of the market through the review period.

Regional Outlook:
North America is one of the most significant markets for home theatre. The presence of key players coupled with the early adoption of technological advancements is expected to drive the growth of the home theatre market in the region. An upsurge in demand for consumer electronics, particularly home theatres, over the next couple of years is projected which is anticipated to expedite the expansion of the market. Additionally, the developments across the wide spectrum of sound systems are likely to influence the home theatre market expansion positively.
Europe is an important growth pocket and is projected to witness substantial growth in the foreseeable future. The increase in demand for home theatres is prognosticated to drive the proliferation of the regional market. Meanwhile, Asia Pacific is estimated to register the highest CAGR during the projection period. The factors responsible for aiding the home theater market expansion in the region include the presence of fast-developing economies and increasing purchasing power of the consumers. The region resonates strong opportunities for growth and has attracted investments from global players for setting up of manufacturing units. This, in turn, is forecasted to accelerate the revenue creation for the home theater market players in the forthcoming years.

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Market Segmentation:
By component, the global home theatre market has been segmented into sound & display systems, storage devices, media players, and others.
By type, the home theatre market is segmented into home theatre in a box system, sound bar, component systems, and component separate.

Industry News:
In September 2018, IMAX, the first cinema projection standards, has launched its program regarding AV certification for home theatre setups.
In September 2018, Sony, Japan, has launched its Master Series A9F for home theatres with acoustic surface audio technology. The setup also comes with other innovative features such as an extra subwoofer channel, hands-free voice search function, and Netflix Calibrated Mode among others.

TABLE OF CONTENTS
1 MARKET INTRODUCTION
1.1 INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS
1.2.3 LIMITATIONS
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH TYPE
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
3 MARKET DYNAMICS
Continued……

LIST OF TABLES
TABLE 1 HOME THEATRE MARKET, BY COMPONENT
TABLE 2 HOME THEATRE MARKET, BY TYPE
TABLE 3 HOME THEATRE MARKET, BY REGION
TABLE 4 NORTH AMERICA HOME THEATRE MARKET, BY COMPONENT
TABLE 5 NORTH AMERICA HOME THEATRE MARKET, BY TYPE
Continued…..

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LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 HOME THEATRE MARKET: BY COMPONENT (%)
FIGURE 3 HOME THEATRE MARKET: BY TYPE (%)
FIGURE 4 HOME THEATRE MARKET: BY REGION (%)
FIGURE 5 NORTH AMERICA HOME THEATRE MARKET, BY COMPONENT (%)
Continued…..

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members

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Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

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